Monday, March 17, 2025 | 03:36 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Tesla's China sales dive 98% as coronavirus lockdowns take a toll

Tesla's production in the country also slid 81 per cent to 10,757 vehicles in April, compared with 55,462 in March

Photo: Bloomberg
Premium

Photo: Bloomberg

Reuters
Car sales saw a record decline last month in China, the world's largest automobile market, as strict Covid-19 lockdowns take a severe economic toll. 

And no auto maker suffered more than Tesla. The EV maker sold 1,512 vehicles in mainland China last month, down 98 per cent from March, according to data from the China Passenger Car Association. 

Tesla's production in the country also slid 81 per cent to 10,757 vehicles in April, compared with 55,462 in March. 

Tesla didn't export any Shanghai-made vehicles in April, compared with 60 exported in March.

Disclaimer: No Business Standard Journalist was involved in creation of this content

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in